Richemont, Signet in talks to join De Beers consortium – report

Luxury group Richemont and US retailer Signet Jewelers are in advanced talks to join the Global Diamond Consortium (GDC) bidding for De Beers, according to five people familiar with the matter, Bloomberg reports.

Yesterday

Rio Tinto begins Q4 of 2026 with strong operational performance

The Anglo-Australian mining group Rio Tinto has reported its third-quarter 2026 results, highlighting strong operational performance.

Yesterday

Silver market deficit to widen in 2026 - report

In the latest World Silver Survey prepared by the Silver Institute and Metals Focus, the global silver market deficit is forecast to widen for the sixth consecutive year to 46.3 million ounces.

Yesterday

Tharisa signs PGM offtake deal with Valterra Platinum, expands chrome collaboration

South Africa’s Tharisa has entered a binding arrangement for the sale of PGM concentrate to Rustenburg Platinum Mines, a subsidiary of Valterra Platinum, effective 1 January 2027.

Yesterday

Norilsk hosts Nornickel’s 3rd Geology and Mine Surveying Forum

The 3rd Geology and Mine Surveying Forum, organized by Nornickel, has kicked off in Norilsk. The event continues to grow in scope, this year bringing together representatives from universities, equipment suppliers, design teams, mining companies, and...

Yesterday

Hong Kong Retailers See Flourishing Sales, But US-China Trade War Likely to Have Impact

15 august 2018

(idexonline.com) - Retailers in Hong Kong, the critical pathway to the vital diamond and jewelry market in mainland China, have been seeing excellent figures since the start of this year after a year or more where store sales dropped alarmingly. The retail industry has enjoyed double-digit growth in the first half of this year, according to recently released government figures, and stores believe the second half of the year will also be a success. There are, however, two possible flies in the ointment: the continuously escalating US-China trade war and a weakening yuan which could cause mainland China shoppers to scale back their purchases.